This is my favorite kind of derptopianism. The total collapse of society will finally let us transition to a technology that requires ubiquitous connectivity, extraordinary power consumption, transnational high-tech supply chains, and can handle 10 transactions a minute. https://twitter.com/balajis/status/1392190984910360576 …
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Yeah but if you believe "code is law" is a good idea, it feels like an inexorable conclusion. We should be grateful there's no coin minted by gravitational expansion or collapse, or they'd be working on rebooting the universe.
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You do realize we've had two ground-up rewrites of monetary policy in the last century right? And in the middle of a third (whether if falls MMT / soft default or BTC)
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Tbf a lot of professional investors (me included, me especially) couldn’t program to save their lives. Curiously this extends to software investing.
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